debt

More from the Series

Blog Post
Measuring ODA: Four Strange Features of the New DAC Debt Relief Rules
Euan Ritchie
September 09, 2020
This blog briefly describes the OECD DAC's new rules for debt relief, and four features that may not satisfy critics of the new system.
CGD NOTES
Restructuring Sovereign Debt to Private Creditors in Poor Countries: What’s Broken?
Nancy Lee
August 05, 2020
Two out of five low-income countries were in the grips of, or moving rapidly toward, unsustainable debt levels before the global pandemic. But the economic, financial, and fiscal effects of the pandemic have brought the day of reckoning for many countries much closer. The global financial commu...
Blog Post
Addressing Private Sector Debt through Sustainable Bond Guarantees
Clemence Landers
July 27, 2020
The latest G20 finance ministers meeting concluded with no major progress on debt relief for the world’s poorest countries, and a few setbacks. To date, no country eligible for the G20’s Debt Service Suspension Initiative has requested a moratorium on their private sector debt. We are at an impasse....
Blog Post
Welcome Transparency on Debt from the World Bank
Masood Ahmed
June 23, 2020
The World Bank has just released country-by-country data on the debt owed to individual creditors by the 73 countries eligible to participate in the G20-sponsored debt service suspension initiative.
CGD NOTES
Addressing Debt Vulnerabilities
Masood Ahmed
and
Mark Plant
April 17, 2020
Around the turn of the century, there was a broad recognition that the debt burden of many developing countries was impeding their growth. Much of the debt had accumulated in the context of the Cold War and had not resulted in productive investment.
Blog Post
In Global COVID-19 Response, New CGD Research Shows China Should Lead on Poor Country Debt Relief
Scott Morris et al.
April 02, 2020
In new research, we find that China’s role as a creditor has likely been a key driver of more burdensome lending terms in the form of higher interest rates, shorter maturities, and shorter grace periods for lower-income countries.
Blog Post
HIPC with Chinese Characteristics: Why Yesterday’s Debt Relief Is the Wrong Point of Reference for Today’s Crises
Scott Morris
October 24, 2019
Concerns about rising debt risks in developing economies were front and center at the annual meetings. HIPC is a useful reference point as we talk about a new round of debt crises. But thanks to the rise of China as a lender, the creditor community today looks much different from the HIPC creditor c...